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Colorado Association of REALTORS Tag

Colorado condos break record at $300,000 median price despite new listings rising nearly 16 percent from April to May

ENGLEWOOD, Colo. – June 12, 2018 – The Merry Month of May delivered strong seasonal increases in new listings for single-family residences and condos in both the seven-county Denver metro area and the state. However, homebuyers continue to face the same scenario that has dominated the state’s housing markets throughout the past year. Strong sales and record-high median pricing of...

Concept of repair house. Repair and construction of the house. Tool box near a house with trees on the blue background with clouds.

Real Estate Work Day

Yesterday was Real Estate Work Day and the Colorado Association of REALTORS® Foundation partnered with Extreme Community Makeover to spend a day volunteering in the local community.   Stacey Brown, the Executive Director of the Colorado Association of REALTORS® Foundation, shared that the day consisted of meeting at a local church to gather the tools needed for the day and then they...

What if Colorado Schools were Number 1?

Just-Released Economic Data Finds Improving Education in Colorado Would Generate Billions for the Economy   New statewide polling shows education is a top tier issue for Colorado voters and employers, alignment on improvement strategies   May 15, 2018 – Denver – If Colorado schools were the best in the nation, the state and its economy would receive a multi-billion-dollar boost.   That’s the conclusion of...

First-Time Home Buyers Learn to Move Quickly in Tight Markets

With the competitive housing market first time home buyers are having to endure a tough fight to fulfill their dreams of becoming homeowners.  Jay Gupta a CAR spokesperson told the New York Times just how tight the current housing market is.   Gupta said that forty people attended an open house in Colorado Springs that was only open for three-hours long...

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Capitol Connection – May 11, 2018

Sine Die! Wednesday, May 9th, the final gavel came down on the second session of the 71st General Assembly.  In total, 784 bills were introduced.  The Colorado Association of RELATORS® (CAR) tracked 80 bills this year and the Legislative Policy Committee (LPC) took a position on 46 of them.  The split legislature this year with Republicans controlling the Senate and Democrats...

Colorado Housing Prices Continue to Break Records

Record housing prices continue their pace across the state as homebuyers weigh a growing list of market factors   ENGLEWOOD, Colo. – May 10, 2018 – With a solid seasonal bump in the number of new listings both in the Denver metro area and many markets across the state, hungry homebuyers continued to gobble up properties while others sit and monitor a...

Housing prices, sales go up in Montezuma County

The housing market is improving for Montezuma County as house sales have increased.  A good economy and high rental rates are pushing citizens of this area to consider buying a house versus renting.   “Rent is pretty tough around here, and rent amounts are high, and so buying is a much better option for people,”   To read the Full Article Click HERE...

Constant Repetition Carries Conviction

The Denver housing market is experiencing an uphill battle from cash buyers to appraiser shortages.  Current statistics reflect the struggle that is unfolding in the market.   "The story of homeownership is one of riding these waves – the highs and the lows – all the while knowing that the house always wins, no matter who’s dealing the cards…even if it needs to be...

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Capitol Connection – May 4, 2018

House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations and Housing Authorities engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied to...